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The HarbourVest Boston Team

Thorne Michaels, CFA

Vice President

Boston

About Thorne

Thorne Michaels joined HarbourVest in 2019 and focuses on sourcing, reviewing, executing, and monitoring direct co-investments.

Thorne joined the Firm from Goldman Sachs in New York, where he was most recently a vice president and investor in the Fundamental Equity Group in the Investment Management Division.

Thorne received a BS (summa cum laude) in Business with a concentration in Finance from Virginia Tech in 2013. In 2017, he received the Chartered Financial Analyst designation.

Continuation solutions encompass a host of transaction types in which a GP secures interim liquidity and/or additional primary capital for their LPs in a strongly performing asset, or set of assets, that the GP will continue to own and control. Specifically, they include continuation funds, new funds created by GPs for the purpose of acquiring the asset(s) that continue to be managed by the same GP and capitalized by one or several secondary buyers, or equity recapitalizations involving a direct equity or structured equity investment into a portfolio company. These transactions can also include a parallel investment from the GP’s latest fund into that same pool of assets (a “cross-fund trade”).